China’s “re-commerce market” is predicted to reach RMB 1.25 trillion in 2020 as consumers shop for second-hand goods on online marketplaces.
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Posted inWith Chinese Characteristics
VC Liu Bo: The future of second-hand luxuries in China
TechNode spoke to the general manager at TusStar Ventures, which invested in second-hand marketplace Ponhu-Luxury in 2015.
Posted inEvents
Announcing winners of the OTEC-Emerge Technology Awards
Emerge is TechNode’s annual conference about emerging trends in China tech. It presents a strategic and forward-looking view of China’s tech sector in English with voices from experts and representatives of leading companies.
Posted inTurf Wars
The Big Sell | Meituan faces a profit pinch as China orders lower fees
Meituan faces a profit squeeze as Chinese regulators order platforms to cut fees to help small businesses.
Posted inWith Chinese Characteristics
China’s NFT market: Who are the major players, and what makes them different?
NFT market is also bustling with new projects in China. That may come as a surprise for people familiar with China’s strict crypto policy.
Posted inHeavy Hitters
China re-commerce faces tug of war between growth and trust
Re-commerce, or secondhand shopping, is growing fast in China. But users are finding scams and counterfeits mixed in with the bargains.
Posted inWith Chinese Characteristics
INSIGHTS | Markets, not floods, will drown bitcoin miners
Recent floods have washed away remote Sichuan bitcoin mines, but small wildcat miners were already getting washed away by Big Bitcoin.
Posted inEvents
ORIGIN Innovation Awards 2020: finalists
The ORIGIN Innovation Awards finalists list is up! Results will be announced on Nov. 18, 2020 during the ORIGIN Conference, so stay tuned.
Posted inHeavy Hitters
What Cook and company are still getting wrong about Apple in China
The real situation in the country’s smartphone market, not the trade war, underlies Apple’s China woes.
Posted inHeavy Hitters
From bad Tsinghua student to Meituan second in command
As Meituan CEO Wang Xing’s right hand man—and college best friend—announces his retirement, TechNode takes a close look back at his career.
